Companies That Use Professionally Developed Ability Tests to Screen Job

question 209

True/False

Companies that use professionally developed ability tests to screen job applicants are required to supply statistical validation of the tests.

Understand the calculation of weighted average number of shares for basic earnings per share.

Know the compromise and choices offered to companies by SFAS No. 123 regarding stock options.

Recognize the different periods associated with stock options such as vesting period and holding period.

Understand the accounting treatment for compensatory stock option plans.

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Definitions:

Culturally Competent

Having the capacity to understand, communicate with, and effectively interact with people across cultures.

Public Administrators

Individuals who manage public agencies or non-profit organizations, implementing policies and managing resources to serve the public.

Democratic Principles

Fundamental concepts that guide a democracy, including the rule of law, equal rights, freedom of speech, and the participation of the citizens in political decision-making.

Citizenship Values

The ethical and moral principles that guide a person's conduct as a responsible member of a community or society.